Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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A “deal” requires a meeting of the minds. It can be hard.

I’ll say again…when you end up paying more for stuff than you would otherwise, then it isn’t a good deal (all else being equal).
Is Trump really this dumb or just his voters?
 
Ford CEO Jim Farley didn’t mince words at the recent Aspen Ideas Festival, describing China’s rapid rise in the electric vehicle (EV) market as the “most humbling experience” of his career.

"Their cost, their quality of their vehicles is far superior to what I see in the west." Farley said.
Sounds like Toyota and Honda like 40 years ago
 

Trump Delayed Reciprocal Tariffs After Bessent Wanted More Time on Deals​

President also decided to send out letters as a way to keep the pressure up​


🎁 —> https://www.wsj.com/economy/trade/t...a?st=kbebUe&reflink=desktopwebshare_permalink

“… The weekend before his Monday announcement, Trump deliberated in phone calls and private conversations with allies from his private golf club in Bedminster, N.J., according to people familiar with the outreach. Trump was weighing whether he should give a new August deadline or send out letters without a date and simply a declaration of new tariff rates, the people said.


In his phone calls, Trump told aides and allies he was frustrated with the lack of progress being made with countries, blaming those nations for not coming to the table with offers that, in his view, were good enough for the U.S., said some of the people familiar with Trump’s outreach. Trump argued privately he was riding a wave of momentum from his signing of the “One Big Beautiful Bill” and his bombing of Iran, and wanted to ride those perceived wins to victories on trade policy, these people noted.

In the end, Trump decided to send out the letters along with the delay as a negotiating tactic to eke out last-minute concessions from trading partners, people familiar with the matter said.

On Tuesday he said more letters are expected, adding that he was about two days from sending a letter to the European Union. U.S. and EU officials are still in close contact. …”

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acting patrick stewart GIF
 
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